Answer:
30-100/1000*120
Step-by-step explanation:
Source: Khan Academy
Answer:
$11,728
Step-by-step explanation:
Twice a year, for 4 years is 8 times
516×8 = 4128
Yearly for 4 years is 4 times
700×4 = 2800
Every month for 4 years is 48 times
100×48 = 4800
Minimum expenditure:
4128 + 2800 + 4800 = $11,728
Answer:
18 units
Step-by-step explanation:
5+5=10
4+4=8
8+10=18 units
Answer:
Expected pay winning $50= $0.585
Expected pay winning $25= $2.36
Expected pay for anything else= $-4.35
Expected returns=3.59
Expected value for one play= $(-1.41)
Do not play this game because you will lose $1.41
Step-by-step explanation:
Probability P(3 hearts) = (13/52)×(12/51)×(11/50) = 0.013
Probability P(3black)= (26/52)×(24/51)×(23/50) = 0.118
Probability P(drawing anything else)= 1 - 0.013 - 0.118= 0.869
Expected pay($50)= 0.013$(50-5)= $ 0.585
Expected pay($25)= 0.118(25-5)$ = $2.36
Expected pay for anything else= 0.869(0-5)$ =$(-4.347)
Expected value of one play=$ (0.585 + 2.353 -4.347) = -$1.41
c) Do not play the game.
Answer:
567
Step-by-step explanation:
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